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Sector Snap: Coal Stocks Heat Up
Shares of Coal Producers Rise As Arch Coal Announces Sizeable Share Repurchase Plan.
Coal sector stocks got a boost Thursday after Arch Coal Inc. announced a plan to buy back 14 million shares of its outstanding stock.
Arch Coal Chairman and Chief Executive Steven F. Leer said in a statement that “the long-term outlook for the U.S. [...]
